The Appraisal Firm knows the special needs of estate executors
Estate settlement is an important and sometimes stressful task. As an executor you have been entrusted to carry out the wishes of the deceased as promptly and respectfully as possible. You can count on us to act quickly and with as much sensitivity to the feelings of everyone in bereavement.
Attorneys and accountants count on our ideals when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Often, all parties will have their own requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are used to working with law offices in producing appraisal reports that surpass their necessities.
Contact us as soon as possible to discuss your personal estate appraisal essentials and how we can put our knowledge to work for you.
Commonly, settling an estate necessitates an detailed appraisal report to suggest fair market value for the property to the satisfaction of the parties involved. We understand that in times like this, ordering an appraisal is the furthest thought from your mind. Due to this, it is possible that the date of death differs from the date the appraisal is ordered. We are comfortable with the practices and requirements needed to provide a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our appraisers to confidentiality, assuring the fullest degree of discretion for you and your family.
The necessity of ordering an appraisal when cooperating with the IRS to explain income when filing documents is often misunderstood by most people.
Opinions of value used in documents provided to the revenue authorities definitely should be backed by a comprehensive report as to how the appraiser came to his conclusions. In having a report backed by The Appraisal Firm's expert appraisers, you will have the knowledge that the numbers shown in the appraisal will definitely demonstrate to the CA agencies that the numbers used are well founded and substantiated.
Having a professional appraisal report from The Appraisal Firm gives the executor solid facts and figures to work with in meeting IRS and CA state agency requirements. There's no need to be stressed out when getting a report from us, because we will support it no matter what.
One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in an exhaustive reason as to how the appraiser came to his conclusion.